XAUUSD 1H - Levels

XAUUSD 07/02/22 1H

Support: 1808 / 1805 / 1802 / 1797 / 1795 / 1792 / 1787

Resistance: 1810-12 / 1815 / / 1818 / 1820-22

KOGs bias for the day:

Bullish above 1806 with targets being 1810, 1815, 1817 and above that 1822

Bearish on break and close of 1804 with targets below being 1797, 1792 and below that 1785

Summary:

As we mentioned in the KOG report its looks like we’re targeting the resistance levels first this morning which could mean we’re going to see a bit of a pullback in the next few hours. Possible this will support around the 1808 level and we will see more of this ranging price action today.